Revenue Accounting Job Description
Revenue accounting
provides technical Trainings and knowledge transfer of JDE, US GAAP accounting, internal policies and procedures to the incoming inventory accounting team.
Revenue Accounting Duties & Responsibilities
To write an effective revenue accounting job description, begin by listing detailed duties, responsibilities and expectations. We have included revenue accounting job description templates that you can modify and use.
Sample responsibilities for this position include:
Work with finance, sales and operations teams to ensure all Company revenue is recorded in accordance with Generally Accepted Accounting Principles
Ability to document, control, review, and improve policy and procedures departmental tasks to enhance efficiency and effectiveness
Accurately and efficiently review and approve invoices, cash receipt applications, journal entries, and account reconciliations
Execute Analyst work as needed to ensure smooth team workflow
Provide constructive feedback to the Analysts on the team whose work the Supervisor will review
Assist Manager in coordinating month-end close and ensuring all deadlines are met
Deliver accurate, thorough, well-presented, and actionable ad-hoc analyses under restrictive time constraints
Prepare and/or review Monthly, Quarterly, and Yearly Variance Analyses to explain business dynamics that drive changes in Balance Sheet accounts
Prepare and/or review monthly Revenue Analyses to measure performance across all Business Lines
Drive timely collections of Receivables by communicating with customers and Sales & Marketing personnel
Revenue Accounting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Revenue Accounting
List any licenses or certifications required by the position: CPA, CA, CBAP, PMP, BA, BS, LEED, CHFP, GAAP, BOH
Education for Revenue Accounting
Typically a job would require a certain level of education.
Employers hiring for the revenue accounting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Education, MBA, Economics, Business/Administration, Management, Communication, Leadership
Skills for Revenue Accounting
Desired skills for revenue accounting include:
General accounting principles/procedures
Excel
US GAAP
Auditing procedures
Airline ticketing policies/procedures
Tariffs/taxes
Gain project experience in SAP’s new S/4HANA Finance and future solutions
Accounting principles
PeopleSoft
ASC 606
Desired experience for revenue accounting includes:
5-10 years in Finance and Accounting with a minimum of 1 year in software revenue recognition
Provide Analyses to determine appropriate amounts of Bad Debt reserves
Demonstrate continually deepening understanding of all Atlas revenue sources along with other drivers of Receivables
Lead implementation of process improvements to streamline accounting, reporting, and analytical functions
Masters degree at minimum
Must be able to understand contracts and understand independent practice agreements
Revenue Accounting Examples
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Revenue Accounting Job Description
Job Description Example
Our innovative and growing company is hiring for a revenue accounting. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for revenue accounting
- Participate in cross-departmental projects to develop the appropriate accounting patterns required under ASC 606
- Foster and develop a culture of teamwork, employee development and accountability
- Demonstrate an unyielding passion for the guest experience, culture, mission and vision
- Provide detailed support for month-end balances
- Calculate the monthly bad debt reserve
- Prepare corporate credit card file
- Provide analytical support for departmental projects
- Ensures all new accounts, closed accounts, and maintenance items are properly accounted for in accrual system as per contract agreements
- Respond to requests from both internal and external audit groups
- Prepare and record monthly revenue accruals
Qualifications for revenue accounting
- CPA or international certification along with a BS/BA in Finance or Accounting
- 15 years of experience in a significant management role
- Strong management, training and development experience and skills
- Strong technical accounting skills - GAAP and SEC reporting, cash-flow
- Experience with accounting software and implementation
- Media or high-volume transaction experience required
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Revenue Accounting Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of revenue accounting. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for revenue accounting
- Recruit, train and supervise staff assigned
- Monitor and analyze general ledger accounts to ensure accurate financial information is presented to management in accordance with required timelines
- Prepare and review fluctuation analysis of monthly operating results
- Review monthly account reconciliations prepared by staff/senior accountants in support of ending asset and liability balances ensuring compliance with the Company's policies
- Compile, adjust, evaluate, and review various accruals to ensure their accuracy
- Research ways to streamline and standardize processes to support the Accounting function and participate in NAO project teams focus on centralized processes
- Prepares monthly reporting on revenue activity, conducts analysis of trends and uses professional judgment to settle variances
- Coordinates the recording of month end revenue activity
- Demonstrates familiarity with a broad variety of data sources supporting revenue accounting from various technologies with the applicable requirements for analysis
- Actively engages clients and users in defining revenue accounting business processes supported by process changes or system solutions and uses business cases for full development of business requirements and needs
Qualifications for revenue accounting
- High level of precision and attention to detail
- Ability to summarize complex issues into key elements
- Willingness to learn and implement best practices from industry peers
- Proven ability to build confidence and trust with internal and external constituencies
- A strong work ethic and an interest in building a team committed to quality and excellence
- Close working relationship with Corporate Controller Group
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Revenue Accounting Job Description
Job Description Example
Our growing company is looking to fill the role of revenue accounting. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for revenue accounting
- Assist in the development and documentation of process and procedures supporting the implementation and post deployment activities associated with our new revenue recognition platform
- Participate in the month end close process, responsibilities includes preparation of journal entries, reconciliations and account analysis associated with revenue recognition
- Develop / execute reporting required to support analysis associated with activities accounted for in our new revenue recognition platform in order to explain financial results
- Understand business drivers and their effect on financial results to ensure business changes are accurately reflected in the financial statements and analysis
- Prepares monthly reporting on installment revenue activity, installment AR balances, ABS Offering Memorandum support and conducts analysis of trends and uses professional judgment to settle variances
- Coordinates the recording of month end revenue activity and related ABS activity
- Perform analysis and coordinate with partners to resolve any differences
- Prepares reconciliations of accounts, actively investigates reconciling items to resolve timely
- Employees/Candidates who have attained their CPA certification or in process of achieving their CPA certification
- Creation and execution of monthly and ad hoc reporting
Qualifications for revenue accounting
- Demonstrated ability to manage in a complex business systems environment
- Advise business unit operation managers on accounting issues and compliance
- Interact with independent and internal auditors
- Involve with other divisional personnel on cross-divisional issues
- Serve as key accounting resource for FP&A and the business
- Minimum 4 years of experience in industry and/or public accounting or similar work environment
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Revenue Accounting Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of revenue accounting. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for revenue accounting
- Work with business and IT groups through all phases of issue and problem management process
- Communicate within the support team
- Wide-ranging experience working with cross business groups (i.e., FP&A, Policy, Risk/Finance, and Treasury)
- Exercise accuracy in calculating and reconciling numbers from different sources
- Be a proactive team member and a resource for other accountants on the team
- Understand business drivers and their effect on financial results to ensure business changes are accurately reflected in the financial statements and communicated to cross business groups
- Review and approve all work submitted from direct reports, including schedules, approving journal entries, bank reconciliation, chargeback responses, invoices, refunds, and other misc
- Assist with monthly reconciliations and uploading journal entries
- Assist with integration activities of acquired properties
- Aid in streamlining business processes to improve efficiencies
Qualifications for revenue accounting
- Experience supervising staff a plus
- Candidate must have strong data mining skills expert skills in Microsoft Access
- Strong understanding of accounting theory and experience with accounting GL and reporting systems
- Able to perform complex analysis and reconciliations of diverse scope and to communicate technical information related to projects or accounting issues
- Ability to mine, manage, and analyze large volumes of data
- Strong organizational and time management skills and the ability to balance various projects simultaneously, understanding prioritizations, with excellent attention to detail
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Revenue Accounting Job Description
Job Description Example
Our company is hiring for a revenue accounting. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for revenue accounting
- Assist with special projects, within accounting and cross-functionally within the Revenue groups
- Participate in ad hoc projects and analysis as necessary
- Participate in other accounting assignments as needed
- Responsible for credit and reserve analysis related to Enterprise revenue
- CPA certification or in process of attaining the CPA certification
- Prepare account reconciliations for revenue related accounts
- Prepare gas balancing statements for operated properties
- Prepare monthly production accounting schedules
- Participate, plan, and introduce newly acquired producing wells into the revenue distribution process by working with various departments, outside purchasers and previous well owners
- Responsible for credit and reserve analysis related to Business revenue
Qualifications for revenue accounting
- Comfortable expressing ideas and concerns during interactions and meetings and a strong willingness to collaborate with team members and look for the most effective and efficient solutions
- Excellent verbal and written communication skills, decision-making and analytical abilities
- 4+ years of relevant accounting experience preferably within a large company accounting environment or 3+ years of relevant accounting experience with a large regional or Big Four accounting firm
- Bachelor's degree with an emphasis in Accounting from four-year college or university, or equivalent combination of education and relevant work experience
- Minimum three years of accounting experience, strongly preferred
- 5+ years of relevant accounting experience preferably within a large company accounting environment